- Six large deals signed during the quarter
- $593 Mn TCV order intake during the quarter
- Order executable at $1.72 Bn, up 30% YoY
PRINCETON, N.J. & NEW DELHI–(BUSINESS WIRE)–#AI–Coforge Limited (NSE: COFORGE), a leading global IT solutions and services organization, today announced its financial results for the quarter ended December 31, 2025.
Key Financial Highlights
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Revenue: INR 4,188 crore / US$ 478.2 million
- Up 5.1% QoQ in INR terms, 4.4% in CC terms, 3.5% in USD terms
- Up 28.5% YoY in INR terms, 21.5% in CC terms, 22.6% in USD terms
- EBITDA: US$ 83.4 Mn, up 37.7% YoY in USD terms
- EBITDA margin at 17.4%, increased by 191 bps YoY
- EBIT margin at 13.4%, increased by 191 bps YoY
- PAT (excl. extraordinary items): INR 364 crores, up 71.2% YoY basis
- The Board has recommended an interim dividend of INR 4/- per share, and the record date for this payout will be January 31, 2026.
“A 5.1% sequential growth in Q3 during a seasonally weak quarter, 28.5% YoY growth, six large deals signed in this quarter, a 30% YoY increase in next twelve-month executable order book, and a robust large deals pipeline gives us the confidence of maintaining our strong and sustained growth through both FY26 and FY27. Furthermore, the $2 Billion core of Data, Cloud and AI led engineering that will be created after Coforge and Encora come together, sets us up for sustained outperformance in the years to come,” said Sudhir Singh, Chief Executive Officer and Executive Director, Coforge Ltd.
Key Business Highlights
- Order Intake: US$ 593 Mn for the Quarter
- Executable Order Book over next twelve months at $1.72 billion, a 30.4% YoY increase
- Large Deal Momentum: 6 large deals signed this quarter across North America, Europe and APAC
- Headcount stood at 35,341; net addition of 445 sequentially
- LTM Attrition Rate: Dropped to 10.9% against 11.4% in last quarter; among the lowest in the industry
Recognitions
- ISG positioned Coforge as a Leader in Application Development Projects (US), Application Managed Services (US) and Continuous Testing Specialists (US) in the AI-driven ADM Services 2025 ISG Provider Lens Quadrant Study
- ISG positioned Coforge as a Leader in Managed Services (Midmarket, US) and Consulting & Transformation Services (Midmarket, US) in the Multi Public Cloud Services 2025 ISG Provider Lens Quadrant Study
- ISG positioned Coforge as a Leader in Insurance ITO Services Specialists in the ISG Provider Lens Quadrant study ‘Insurance Services – Strategic Capabilities’ 2025
- NelsonHall positioned Coforge as a Leader in AI Based Analytics & Automation, GenAI Use case capability, Overall QE Services and SAP Testing capability in the NelsonHall Quality Engineering 2025 NEAT
- HFS positioned Coforge as a Leader in the HFS Horizons: Travel and Hospitality Service Provider Ecosystem 2025
- Everest positioned Coforge as a Leader in the Enterprise Quality Engineering (QE) Services PEAK Matrix® Assessment 2025
Partnerships
- On the Microsoft Marketplace, Coforge launched CodeInsightAI – a GenAI Led Legacy Modernization Accelerator, and XJAVA – an AI powered accelerator for modernization of legacy Java applications
- In partnership with Salesforce, Coforge launched “WellnessAI”, an intelligent patient access and navigation platform for the healthcare industry
- Coforge was recognized as the winner of Kong’s Rising Star for EMEA award at Kong’s API Summit 2025
Awards
- Coforge was recognized among the Top 50 India’s Best Workplaces for IT & IT-BPM 2025 by Great Place to Work
About Coforge
Coforge is a global digital services and solutions provider that leverages emerging technologies and deep domain expertise to deliver real-world business impact for its clients.
A focus on select industries, a deep domain understanding of the underlying processes of those industries and partnerships with leading technology platforms, enables Coforge to be a trusted partner of its clients in their transformation initiatives. Coforge leads with its Product Engineering approach and leverages AI, Cloud, Data, Integration and Automation technologies to transform businesses into intelligent, high growth enterprises. Coforge has 33 global delivery centers and is present in 25 countries.
For more information, visit www.coforge.com
Forward Looking Statements Safe Harbor
This presentation contains forward-looking statements. In some cases, you can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “predicts,” “intends,” “trends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Among other things, the outlook for the full fiscal year 2025, the business outlook and quotations from management in this announcement, as well as Coforge’s strategic and operational plans, contain forward-looking statements. Coforge may also make written or oral forward-looking statements in its periodic reports to regulators, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Coforge’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the performance of the Coforge’s clients; the successful implementation of its business strategy; its ability to compete effectively; its ability to maintain its pricing, control costs or continue to grow its business; the effects of the novel coronavirus (COVID-19) on its business; the continued service of certain of its key employees and management; its ability to attract and retain enough highly trained employees; and its involvement in any disputes, legal, regulatory, and other proceedings arising out of its business operations. All information provided in this presentation is as of the date of this presentation, and Coforge undertakes no obligation to update any forward-looking statement, except as required under applicable law.
Disclaimer
This communication and the information contained herein is not an offer to sell securities in the United States or elsewhere. The securities of Coforge or any of its subsidiaries and affiliates may not be offered or sold in the United States or to, or for the account or benefit of U.S. person (as such term in defined in Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”)) absent registration pursuant to the Securities Act, or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the issuer and management, as well as financial statements. A Registration Statement on Form F-1 relating to certain securities of Coforge has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. The Form F-1 Registration Statement and all subsequent amendments may be accessed through the SEC’s website at www.sec.gov. Such securities not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective under the Securities Act. Nothing in this communication shall constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction in which such offer or sale would be unlawful.
Contacts
Investor Relations: [email protected]
Media Relations: [email protected]
